India to sell properties worth one trillion rupees of 9400 people mostly Pakistanis

India to sell properties worth one trillion rupees of 9400 people mostly Pakistanis
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NEW DELHI - The Indian government has decided to auction properties worth one trillion rupees of over 9,400 people, mostly Pakistani nationals, designating them as enemy properties on the pretext that these people have left the country.

The Indian home ministry has started the process of identifying these properties, officials said. The move came after the amendment of the 49-year-old Enemy Property (Amendment and Validation) Act which ensured that the heirs of those who migrated to Pakistan and China during the partition and afterwards will have no claim over the properties left behind in India .

At a recent meeting, Home Minister Rajnath Singh was informed that the survey of 6,289 enemy properties had been completed and that of the remaining 2,991 properties vested with the custodian would be completed, a home ministry official told media.

Singh directed that those properties which were free from encumbrance should be disposed of quickly for monetisation. The estimated value of these 9,400 properties is around Rs 1 lakh crore and when they are sold off, it would be a huge windfall for the government, another official said.

Among the 9,280 properties left behind by Pakistani nationals, the highest 4,991 properties are located in Uttar Pradesh followed by West Bengal which has 2,735 such estates. There are 487 such properties in Delhi. Among the 126 properties left behind by Chinese nationals, the highest 57 are located in Meghalaya followed by West Bengal with 29. Assam has seven such properties.

According to the new Act, ‘enemy property’ refers to any property belonging to, held or managed on behalf of an enemy, an enemy subject or an enemy firm.

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